README

- Software used: STATA 11
- OS: Windows XP
- Data files format: STATA & txt

- Files list:
	- sources: file including the original data files (see further)
	- database.do: program turning the original data into the dataset analyzed
	- estimations.do: program calculating to all the estimation results (in the paper and the Web appendix)

- Sources:
	- STAN: OECD STructural ANalaysis database
	- 2_PDBi_05June09: industry level capital stock computed by the OECD
	- pdbi_data_for_eco: previous version of the PDBi database
	- baseuklems: EUKLEMS database
	- PPP_GDP_1997: OECD national Purchasing Power Parity
	- PPP_GFCF: OECD national Purchasing Power Parity on gross fixed capital formation
	- ppa: EUKLEMS Purchasing Power Parity at the industry level
	- regulations: anticompetitive product market regulation indicators

- Dictionary of the original variables:

cou: country name
industry: industry name
time: year
K3: capital stock, OECD
i_: investment in current price, EUKLEMS
ip_: investment prices, EUKLEMS
it, ct, soft, traeq, omach, ocon: information technology, communication technology, software, transport equipment, other machinery, other construction
emp: employment, EUKLEMS
valu: value added in current price, OECD
valk: value added in constant price, OECD
empn: number of person engaged, OECD
labr: labour compensation, OECD
gfcf: gross fixed capital formation, OECD
regimpact_us: Regulatory burden indicator (using the US Input-Output table)
dom, gbr, fra: Regulatory burden indicator using, respectively, domestic Input-Output tables, the UK I-O table and the French I-O table
direct: Product market regulation indicators
tarif_dir: trade tariffs indicator
FDI_dir: barriers to FDI indicator

- Dictionary of the created variables used in the estimations and simulations:

tfp: Multi-factor Productivity (log), 4 variants (see table A2-8), tfp3 being the main tfp
LP: labor productivity (log)
dfront: Frontier productivity growth
gap: productivity gap
countryfront: =1 for the leading country, 0 otherwise
k: capital intensity
exclu: =1 if the observation is excluded from the calculation of the technological frontier (in order to avoid mistaken changes in the variable gap due to leader entrance or exit exit from the sample)
